                                 CODE OF VIRGINIA

CREDENTIALS AND STATEMENT OF OWNERSHIP REQUIRED FROM SELLER (§ 54.1-4102)

No dealer shall purchase precious metals or gems without first (i) ascertaining
the identity of the seller by requiring an unexpired identification card issued
by a governmental agency with the current legal address and a photograph of the
seller thereon, and at least one other corroborating means of identification,
and (ii) obtaining a statement of ownership from the seller. If the
government-issued identification card does not bear the current legal address,
the person shall present other documentation verifying his current legal
address.
		The governing body of the locality wherein the dealer conducts his business
may determine the contents of the statement of ownership.

HISTORY: 1981, c. 581, § 54-859.17; 1986, c. 316; 1988, c. 765; 2019, c. 457.